CommonWealth One Awards Kathryn R. Coleman Scholarships to Students

FOR IMMEDIATE RELEASE
Alexandria, Virginia, United States of America (Free-Press-Release.com) June 29, 2011 -- CommonWealth One is pleased to announce its 2011 Kathryn R. Coleman Scholarship winners: Ms. Emily Hutt from Spotswood High School and Ms. Kierra Gambrell from Virginia Commonwealth University. CommonWealth One Federal Credit Union has awarded two $1,000 scholarships each year for more than 20 years to help student members pursue a higher education. In 2006, the scholarship was named to honor CommonWealth One's former President and CEO, Kathryn R. Coleman, a well-known and respected figure in the credit union movement for almost 40 years.

Three judges rated scholarship applicants on their grade point averages, essay entries, community involvement and extra-curricular activities to determine this year's winners. Ms. Hutt hopes to major in biology at the University of Virginia, and pursue a career in neurological medicine. Ms. Gambrell is majoring in Criminal Justice, and minoring in Spanish. Her goal is to be a juvenile criminal defense lawyer in the Washington D.C. Metro area. Congratulations to both winners, and the best of luck in their future endeavors.

CommonWealth One is headquartered in Alexandria, Virginia, with branch locations in Washington, DC, Northern Virginia and Harrisonburg, Virginia. As part of their philosophy of "people helping people", they return excess earnings to their members in the form of higher savings rates, lower loan rates and low or no fees. They also focus on providing members with the tools to achieve their long-term financial goals.

About CommonWealth One Federal Credit Union

Since 1944, CommonWealth One Federal Credit Union has grown to become one of Northern Virginia’s top credit unions with more than $295 million in assets serving more than 36,000 members. CommonWealth One is a full-service, member-owned, not-for-profit financial cooperative committed to being the lifetime financial institution of its members. CommonWealth One Federal Credit Union offers Checking Accounts, Mortgages, Home Loans, Auto Loans, Savings Accounts, Money Market accounts, IRAs and more in Washington, DC or Virginia. Please visit us online at www.cofcu.org for more information.

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